NZDUSD - Wait For The Bears!⏰
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on WEEKLY: Left Chart
NZDUSD is sitting around a resistance zone so we will be looking for sell setups on lower timeframes.
on H4: Right Chart
NZDUSD is forming a channel in red.
For the bears to take over, we need a momentum candle close below the last major low in gray.
Meanwhile, until the sell is activated, NZDUSD can still trade higher.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
on WEEKLY: Left Chart
NZDUSD is sitting around a resistance zone so we will be looking for sell setups on lower timeframes.
on H4: Right Chart
NZDUSD is forming a channel in red.
For the bears to take over, we need a momentum candle close below the last major low in gray.
Meanwhile, until the sell is activated, NZDUSD can still trade higher.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
RichTL.com
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RichTL.com
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
Best Crypto Exchange
coincall.com/r/thesignalyst
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